Job Detail

Job Description

• Maintain - and when necessary expand - the coverage and features of the internal TGP pricing library


• Understand the instruments that need to be priced taking into account the specificities of physical underlying; provide a reliable and auditable valuation as well as risk analysis and associated hedging strategy


• Specify and implement pricing modules for the trading floor and the trading system development team


• Perform ad-hoc statistical analysis for various calibration or hedging related needs and requests


• Specify, design & implement mathematical models to handle pricing issues/risk assessment in the light of new advances in financial mathematics; test and validate external models


• Maintain and develop an understanding of the price and volatility dynamics of the markets traded by TGP


• Manage IT-related questions (deployment, QA) directly with IT Manager and Trading System Manager


• Develop ad-hoc simulation and optimisation routines on request


• Work in association with the market analysts within the Q&TA team to develop models including supply-demand equilibrium models and/or price-determination models


• Maintain an understanding of the trading desks business model and stay up to date regarding their positions. Suggest and implement new trading strategies together with traders


• Ensure that every Quant newcomer (Intern or junior member) becomes fully operational in a short time frame

Ensure support to other GRP teams on quant-related issues that may arise on their regular activity

• The Quantitative & Trading Analysis team aims at providing a better understanding of the markets traded by Total Gas and Power in terms of prices and fundamentals, finding ways to model/forecast their dynamics and dealing with complex issues requiring a quantitative approach (pricing, hedging and simulations of complex products, transactions or assets)


• In a context of great autonomy, the team contributes interpretation, advisory and support to all global TGP trading desks and to senior management and helps them define trading strategies and/or take decisions


• The Quantitative & Trading Analysis team is typically staffed with 8 permanent analysts


• The holder of the position covers all the commodities traded by TGP (including worldwide gas, LNG, power, dry products and NGLs).